Project Progress

_Ripple pilots RLUSD in Singapore MAS sandbox, automating trade finance with XRPL smart contracts and BNY Mellon-backed custody._ Ripple is testing the RLUSD stablecoin in Singapore bank sandbox for trade payments, marking a new step in enterprise blockchain use.  The pilot focuses on improving

MARA Holdings announced the sale of 15,133 Bitcoins, raising approximately $1.1 billion, mainly to repurchase $1 billion of zero-coupon convertible bonds at a discount to reduce company debt and equity dilution risk. At the same time, MARA is actively expanding into AI and high-performance computing to enhance financial flexibility.

The Sonic SVM Foundation announced on March 26th that it has acquired the market-making tool developer ForgeX and open-sourced its ForgeX CLI product. This tool provides Solana developers with various on-chain operation features, including token creation, cross-DEX market making, and more, outputting structured JSON format for easy AI agent integration.

European fintech company Revolut plans to have 40% of its global employees in India by the end of 2026 and will invest £500 million in India and the GCC region. By 2026, 1,600 positions will be filled, bringing the total number of employees to 5,500 across various financial services functions. Additionally, Revolut has received approval to issue prepaid payment instruments in India and plans to launch in the next quarter.

Tether engages a Big Four firm for its first full audit, reviewing its $184 billion USDT reserves, aiming to enhance transparency and financial reporting amid internal leadership changes. The audit covers digital and traditional assets, indicating a commitment to stringent scrutiny.

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Alchemy Pay announces that its Hong Kong strategic investor HTF Securities has received approval from the Hong Kong Securities and Futures Commission to upgrade to virtual asset trading services, covering both professional and retail investors. Meanwhile, Alchemy Chain stablecoin payment public chain launched its testnet in March, with over 150,000 test addresses.

JustLend DAO platform will adjust the annualized yield of USDD market supply mining to approximately 4.75% starting from March 26, 2026, to optimize the yield structure, pursue sustainable development, and will dynamically evaluate market changes and yield levels in the future.

BONK (BONK) reported a 2% increase on Wednesday, marking its third consecutive gain. The project introduced a daily $7,000 incentive program to boost new token launches and aims to revive the "bagworking" culture in the memecoin community. Despite recovery signs, long-term downward pressure remains.

Zilliqa announces that its deBridge cross-chain bridge service within its ecosystem will terminate on March 31, 2026. Users must complete USDC cross-chain transfers before this date. This infrastructure upgrade is to improve stability and migrate USDC liquidity to the self-developed XBridge and zUSDC.

Key Takeaways: ZKsync and BitGo released a complete protocol stack of tokenized bank accounts Custody, wallets, and private blockchain settlement are combined to achieve compliance in infrastructure No centralized complex systems are required within banks to issue and settle deposits

Bitmine has launched MAVAN, an Ethereum staking platform for institutional users, with over 3.1 million ETH staked. The platform focuses on security and scalability and aims to generate $300 million in annual staking rewards while expanding into more proof-of-stake networks.

Sun Yuchen announced that the AI detective system developed by the team has analyzed over $1 billion in criminal cases. They will allocate $100 million to reward white-hat contributors and law enforcement agencies, prioritizing deployment in China, Hong Kong, the United States, and the UAE. The system can quickly identify suspects and assist judicial authorities in law enforcement.

Pump.Fun recent data shows that over 95% of users are losing money in Meme Coin trading, raising market concerns. To improve the trading environment, co-founder Alon has introduced an protocol update that restricts token creators from modifying fees. While these rule improvements enhance transparency, the Meme Coin market still faces oversupply and liquidity issues. Ordinary users remain at a disadvantage, and high risks still persist.

Pi Network announced a phased plan to upgrade nodes to v23. Version 21.2 will be deployed in April 2026, with future versions supporting smart contracts and enhancing node tools and autonomy. Market feedback is cautiously optimistic, but past delays have kept users on hold. The next few months will be a critical window.

The Solana Foundation has launched a new proxy payment gateway based on the X402 protocol, aimed at lowering the barriers for merchants to adopt crypto payments and promoting stablecoin usage. The system supports real-time settlement, reducing price volatility risks and helping traditional businesses enter the blockchain payment space. The market response has been positive, but challenges remain in regulation and user growth, marking a trend of blockchain transitioning into commercial applications.

Gate News reports that on March 26, a16z co-founder Marc Andreessen reposted a study on human proof by World co-founder Alex Blania and commented, "It's time to prove humanity's existence."

Justin Sun's team-developed AI detective system can efficiently process complex case data, identify suspects, and has analyzed over $1 billion worth of cases. They have allocated $100 million in rewards to white hats and law enforcement agencies that provide clues, and will collaborate with judicial authorities in China, the U.S., and other regions.

Bitmine Immersion Technologies announces the launch of the Ethereum staking platform "MAVAN," providing services for institutional investors and digital asset custody institutions. MAVAN will utilize 4.66 million ETH to earn staking rewards and plans to expand into more blockchain sectors. The platform is expected to generate nearly $300 million in staking rewards annually.